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Sunday, 14 October 2012 - 18:23
Deccan Chargers ejected from IPL
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Indian Premier League side Deccan Chargers has been expelled from the tournament, the cricket board said on Saturday, despite a last-ditch effort by the team owners to pull it back from the brink.

The Board of Control for Cricket in India said the termination of the franchise stands after Deccan Chronicle Holdings, owners of the team, failed to meet a Friday deadline to submit 19 million dollars as guarantee money.

The BCCI now is free to decide whether to float a new tender to replace the IPL franchise belonging to the financially strapped Deccan Chronicle, a media company, unless the team's owners opt to take the case to a higher court.

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